which is less than the projected deficit for the year. i mean, the bottom line, congresswoman, is, you cannot raise taxes enough to solve the deficit problem. >> nobody is saying that. we are saying it has to be balanced. now on the subject of the high end we are not talking about raising rates. we did that. reeliminated the high end tax cuts of the bush years which only increased the deficit, and didn't create jobs. we kept the low income tax cuts and the -- what we have in our proposal, that comes from our top democrat on the budget committee is to say we'll eliminate subsidy and it gives us a lot of money, eliminating the subsidy for big oil. we also have the buffett rule which says all of the high income people will pay a minimum of -- -- >> raising tax on the wealthy. >> no, you are saying they should pay their fair share, which is 30%, which is lower than 39.6, which is the rate -- the bracket they are in. >> chris: but you say, if they have a deduction... >> take advantage of so many loopholes. >> chris: deductions on the books. th